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OYO ZOSTEL
SC dismisses Zostel's appeal against OyoA bench comprising Justice Sanjay Kumar and Justice Satish Chandra Sharma dismissed Zostel’s special leave petition against the High Court ...- Oyo says Delhi HC sets aside arbitral award and dismisses execution petition by ZostelThe Delhi High Court has overturned an arbitral award against Oyo in its dispute with Zostel Hospitality, stating Oyo did not breach any ag...
- FHRAI urges SEBI to reject Oyo IPO citing irregularitiesFHRAI had previously raised concerns about significant inaccuracies and inadequate disclosures in Oyo's Draft Red Herring Prospectus (DRHP).
- Court says Zostel to get option for amount equal to 7% in Oyo parent if it wins caseHC tells Oyo to inform Sebi of latest order but restrains Zostel from writing to authorities
- Oyo gets Delhi HC relief on IPO challenge from ZostelPeople in the know said Zostel is likely to approach a division bench of the high court to challenge the order, pronounced by a single-judg...
- Mamaearth, Cult.fit snap up offline firms; Jio Platforms to bet $200M on GlanceWhile it may be too early to call it a trend, these aren’t the first tech startups to acquire old-school firms since the start of the pande...
- Oyo IPO may leave early investors earning returns of up to 770%Oyo’s early investors such as Lightspeed Ventures and Sequoia, along with recent ones like Airbnb, Microsoft, Hindustan Media Ventures, and...
- Oyo hits back at Zostel, says no restriction imposed on the company from changing its shareholding pattern, no stay granted by Delhi HC on proposed offerIn its letter to Sebi sent on October 28, and accessed by ET, Oyo has written that no restriction has been imposed on Oyo from changing its...
- Oyo refutes allegations by ZostelThe DRHP is replete with material omissions and blatant misstatements, intended to mislead the public to invest in Oravel's shares without ...
- Oyo IPO: Zostel writes to Sebi, seeks rejection of draft offer papersIn a letter to the Securities and Exchange Board of India (Sebi), Zostel said "the IPO is non-maintainable as Oravel's capital structure is...
- Zostel asks Sebi to reject and suspend Oyo's $1.2-billion IPOIn its letter to Sebi, Zostel said Oyo's IPO is "non-maintainable as Oravel's capital structure is not final."
- Zostel plans to take Oyo IPO complaint to SebiZostel is planning to move the Securities and Exchange Board of India (Sebi), asking it to put the proposed $1.2 billion IPO on hold, said ...
- Oyo to move ahead with IPO plans, Delhi HC to hear Zostel case on October 7While Oyo has challenged the SC-appointed arbitrator's order passed originally in March over the dispute, Zostel moved an application late ...
- Exclusive: Zostel's petition in Delhi HC adds a legal twist to Oyo's IPO sagaHospitality startup approaches Delhi High Court to restrain Oyo from modifying its shareholding structure or cap table including by way of ...
- SC sends OYO-Zo Rooms dispute for arbitrationThe companies have been locked in litigation, filing cases in various courts against each other, ever since OYO in October last year decide...
- OYO and ZO trade barbs via legal counselsOYO said that Zostel had filed a "frivolous arbitration petition in District Court, Gurugram earlier on February 2, 2018, as a counterblast...
- Zo Rooms takes Oyo to court for 'data theft'Alleges data stolen during due diligence as part of a failed acquisition; Oyo says it’s an attempt to ‘arm-twist for a deal’
- It’s official, OYO acquires its rival ZO RoomsOYO Rooms has completed its acquisition of rival ZO Rooms, building up significant muscle to dominate in a crowded hotel aggregation market.
- Startup Wars: Oyo Rooms vs Zostel case gets murkier in Delhi High CourtZostel recently launched Zo Rooms, which rival hotel rooms aggregation start-up Oyo Rooms alleged is based upon copied data.
- How young companies are redefining industry for hotels and travellersFrom building a network of cobranded hotel properties across the country to curating budget hotels, homestays and hostels, a handful of tec...
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